Howdy everyone, Lanzer, this is Sandow Podcast
Episode 66, a wrap -up of Foundation Company
miniseries that we've been on. It's been quite
a bit of little time since I've done an episode,
mostly as I've holiday season, different things
like that. Now I feel it's time to wrap up our
miniseries after our last interview with the
Foundation Director. And I've got myself a nice
old red going on here. So this one's just going
to be an easy laid back kind of like a summary
version of all the episodes, which will be a
summary of all the facts that we've come across
and a little bit of Q &A if there is any. And
if not, then we'll end the episode. Disclaimer.
I do not represent the Sandbox Game or the Sandbox
Foundation. I'm not your financial or legal advisor,
and nothing I say should be taken as financial
or legal advice. When I say the word SIP, I mean
Sandbox Improvement Proposal. When I say the
word DAO, I mean Decentralized Autonomous Organization.
And when I say SanFam, I'm talking about the
Sandbox community, those who participate in the
people, product, and purpose of the Sandbox ecosystem.
That ecosystem looks a little bit like this.
In the people side, you have everything from
gamers to sandbox team, product, you have everything
from the game client to the DAO. Purpose is what
was described in the white paper and expanded
upon by the founders, Sebastian Bourget, Arthur
Madrid, also Animoca Brands, Yatsu. That's what
makes the ecosystem go round and round every
day. Today's episode is on the DAO. I'm your
host, Lancer. I've been a landowner. Sandbox
gamer, experienced publisher for a few years
now. I run the MetaWorlds team. And since our
last episode, I got the privilege to win and
deliver on SIP number 32 of the DAO, which was
building the DAO Education Hub. Right now it's
located in 2 -154 and owned by the Sandbox DAO
account. And here you can see... We built kind
of like an education hub where it teaches you
about the DAO, all the different parts of the
DAO, the structure, ecosystem, the SIP payments,
the process itself, and many other things like
that. And I had a blast building it with Dankoi
and Creative Crawler Studio. They were awesome
to work with, loved it. And if you want to find
it, like I said, it's in 2154, right? uh to the
top right of jurassic park we had it was a grand
success when we tested it with i think over 61
people live when we did the testers with the
testing community with the streamers um and like
panda kami and and the rest of the team and i
loved it so it's available it's live and if you
want to learn about the dow in a gamified way
Please visit the Dow Education Hub, which is
now hosted on the Sandbox Dow account, and find
it near Jurassic Park World. So with today's
agenda, let's go over today's agenda. We're going
to do a summary of all of the parts that this
was, that makes up the Foundation Company miniseries,
starting with... uh, episode 34, which I didn't
realize it at the time. I thought that would
just be a random, um, like one and done episode
turned out. That was part one of what, if you
were to count them all, a nine part series. But
as you can see up there, there it says part seven,
because I didn't realize that Delph, uh, episode
34 was part one. And by the time I realized it,
I had already started part one with episode 56
and then 57, 59, 60. And the wrap -up would be,
you know, part nine. So if you were to really
count it, Tao birth was really part one, but
I don't want to go back and change all of that.
So it's part zero, part one, two, three, four,
five, six, seven, and then the wrap -up series.
So episode 34 was a look into the Sandbox Tao
origin. And then episode 56, there was quite
a stretch of time there where we interviewed
other people like the Tao delegates. on different
dow updates and then in episode 56 we did a whole
reading of the cayman island law behind foundation
companies then in episode 57 we had an earnest
who was a practicing american lawyer we did a
review of case law developing in california and
texas and how dow law happened within or is happening
within america united states Then episode 59,
we got to interview two practicing DAO lawyers
in the Grand Cayman Islands from Workers Global.
And then episode 60, we did a whole reading of
the sandbox DAO documents, the articles, the
memorandum, and the bylaws. Then episode 62,
we did the same thing for Star Atlas, which itself
is also a foundation company. I was elected to
the council about 12 months ago, and I was just
recently reelected again. And I love Star Atlas.
It has a very similar structure, so I did a reading
of their memorandum and articles in order to
compare. Then in episode 64, we did a Q &A with
a return from Carolyn from Walkers Global, which
is an international law firm. We did a Q &A with
her for all of the remaining questions we had
from episode 34 to 62. There were a few questions
we wanted answered. And then finally, awesome
episode 65 with Glenn from Leeward Management,
who is an acting director, an actual director
in the Grand Cayman Islands. We got to interview
him. What the day and the life of a foundation
director is. And here we are, episode 66, the
wrap up of everything. So we're going to do a
brief, a very brief summary of all of them. And
then we'll wrap up. So here's our summary. We
started first with send out episode 34, what
I call part zero, clocked in at three hours long.
That's when I knew for certain that this was
not going to be just a one and done. When it
took three hours and we didn't get through everything
I want to get through, I severely... I sorely
underestimated how much time it would take to
do all that. So it was a look into the Sandbox
DAO origins. How did it begin? And I built this
relationship map after many, many hours of research,
like probably more than 10 hours of Googling,
all sorts of stuff to try and figure this out,
searching business licenses and registrations,
all public knowledge. It was just findable there.
And we tried to unearth how did the DAO come
together? And this is what I came up with. It
basically went over how the foundation related
to the roles within the foundation, how that
worked with the SIPs, what role Arisakyo played
in the DAO itself, how the Sandbox company was
connected to Animoca Brands, which was connected
to Ape Foundation through Yatsu, and how actually
the DAO team itself was kind of connected. to
ApeCoinDAO, which ApeCoinDAO has since stood
down and stopped running as of last year. So
we went through all of that. I know I didn't
get everything right. Like, I think I got the
Fleet Collective's involvement wrong. I don't
think they were quite as involved as I had originally
thought it was. But I got most of it right. And
we were able to, in episode 63, when we interviewed...
Cyril, who is the current DAO administrator for
the Sandbox DAO, when we interviewed him, we
were able to really delve into this part of the
relationship map and figure out how things worked
with him and the DAO. How was progressive decentralization
coming along? What was his perspective on the
relationship between the foundation and the DAO?
How has it evolved since he became the administrator?
What was his involvement with the foundation?
and the DAO and the Sandbox Company and his overall
view for DAO performance. Right here, this SIP
1, 2, 3, I called my triangle of confusion, which
was very confusing for a long time. It even evolved
into the rectangle of confusion. We didn't figure
out what all this was about until some episodes
later, but interviewing Cyril... It was so cool.
I had been wanting to do that for a really long
time. I really appreciated how he helped educate
and bring insight into what it was, what it was
like running a DAO. We also delved into the actual,
the curious part of how all of the DAO players,
a lot of them, were all within 10 minutes driving
distance of each other on the Grand Cayman Islands.
At first, You know, I thought that was really
weird, really suspicious. But in later episodes,
especially episode 56, we discovered there were
some really good reasons why that was happening
and how they were all that. It was like the business
district of the Grand Cayman Islands. The Grand
Cayman Islands is not that big of an island and
smaller than Jamaica, for instance. And in the
end, all of those different players had a part
to play in the compliance of Grand Cayman Island
law. And providing different services like management,
director, secretary, legal. And they just all
were near each other because that was where Commerce
is on South Street in Georgetown. So, well, we
thought maybe there was a conspiracy afoot that
we were able to figure out by episode 56 that
that was not the case. And by episode 65, when
we interviewed the director, absolutely not.
It was, there's definitely, I think we put that
to rest. So that was episode that leads us into
the next episode after episode 34 was episode
56. That clocked in at four hours. And boy, was
I in trouble there. That was what I thought was
going to be one episode with episode 34. So you
can already tell that we're at seven hours worth
of content just right there. Episode 56 was a
reading of the Cayman Island law. What was it
that required all of these compliance things
within a foundation company in the Grand Cayman
Islands? Turns out there's quite a bit of reading
we had to do, a lot of research. And the first
thing we did was look through the Cayman Islands
General Registry. We kind of saw a visual overview
of what types of companies there were and then
how the sandbox DAO It was a foundation company.
It was exempt. And where did that fit in the
hierarchy of things within the Cayman Islands?
Then after we kind of did an overview like that,
we looked into the law regulation stack where
all the laws that were pertinent to a foundation
company, such as the Companies Act, the Foundation
Companies Act, all the case law that was trying
to develop around it, mostly dispute resolution
stuff. So how do you interpret the law when...
Two people disagree over what it says. And then
the Companies Management Act, the Directors Registration
and Licensing Act, the Citation of Acts Parliament
Act, even had a role to play in changing all
the laws to acts, the Virtual Asset Service Provider
Act, the Securities Investment Business Act.
So all of these things we read through in order
to figure out how they played a part in a foundation
company. And by the end of episode 65, We had
to expand that into a commercial interpretation,
such as what did the law firm say about that,
like Walker's Global? And what did a professional
director have to say about that, which was Glenn
from Leeward Management? We ended up hitting
a lot of these laws and multiple times throughout
the parts. And that really did an awesome, in
episode 56, that really did shed a lot of light.
on why we were seeing so many things within a
foundation company. Why were there so many different
services being involved? It was really helpful.
I highly recommend that episode just because
of how deep we delved into it and how much it
revealed about a foundation company. Then I tried
my hand at creating a flow chart of how is a
DAO company, a foundation company born and what
happens afterwards. It was my best guess. And
episode 56, I had just read all of those hundreds
of pages from the laws over here. And then I
tried my hand at what happens when a DAO wants
to become a foundation company. And I pulled
from the laws and regulations to figure that
out. And selecting persons. Then figure out who's
going to provide the corporate services. All
the licensing that was required. And then what
I didn't know was... What happened day to day?
And that was where I originally described this
as my triangle of confusion over here. When Sips
1, 2, and 3, how did that govern the relationships
of all of these people? And after I read all
the laws, I didn't get any closer to that, so
I called it my rectangle of confusion. Because
I still didn't know how everyone played together
and what the rules were. We did later on figure
out, in episode 64, we were able to expand that.
to be a little more accurate, where SEMA didn't
play a role in this. They now selected service
providers in the beginning to include legal services.
The director provides director services, and
that's when you start, you draft the memorandum
and articles, you register, and then you create
the company, and also there's the auditor and
the chairman involved in all of this. We were
able to figure out a lot more what everyone was
doing and how they all interacted with each other.
So really enjoy the discussion with Melissa and
Carolyn. And then we started piecing together.
And by the end of episode 56, we had a pretty
good idea of what all of these terms meant when
we were reading them in our DAO, in the Sandbox
DAO. What did articles of association mean? What
did memorandum of association mean? What did
a foundation company mean? What did it mean to
be limited by guarantee or without any share
capital? Why was the Cayman Island government
involved in this? Even the $50 stamp, we figured
out where that was cited. What was a subscriber?
And what role did the assistant registrar play?
And we delved into the acts and regulations,
and we did a lot. By the end of it, I was able
to put together a TLDR of what all of this meant
in episode 56. And by episode 65, we were able
to expand that to be a little bit more accurate
as to what was happening. So, what we ended up
with here was a foundation company is both the
name of the sandbox DAO and a type of company
in the Grand Cayman Islands. It is flexible in
how it's structured and operates. What is an
exempted company? It means a company that does
business outside the Cayman Islands. What does
limited by guarantee mean? It means the members
of the foundation company can only lose what
they put in the company. What does without any
share capital mean? It means no shares or units,
otherwise known as units of ownership, were created
when the company was formed. Articles and Memorandum
of Association. A memo creates the foundation
company. Articles describe how it will be operated.
And the bylaws, which we didn't realize what
part they played, but the bylaws establish internal
business rules, like when meetings, what happens
in meetings, how do the roles all work together.
We looked up how much business was being done
in the Cayman Islands. A thousand companies registered
in one month alone. And a year later, now in
this past September 2025, over a thousand companies
registered. So the trend is up for them. But
it looks like the active companies in quarter
three 2024 remained the same at 121 ,000 as did
quarter three in 2025 a year later. And that's
mostly because as many companies... were created
also were dissolved. Foundation rules are flexible
and varied. A subscriber will create the foundation
company, a director will lead it, secretaries
license the document, record, certify, members,
founders, officers, supervisors, managers all
conduct daily activities. And a foundation company
is governed by Grand Cayman Island law, mostly
through the Companies Act and the Foundation
Companies Act. So we are able to get more specific
and also more accurate in our TLDR after episode
65. Then we went on to episode 57 after episode
56. So episode 57 was a review of United States
of America case law surrounding Dow's and also
Dow law in different states. We had on Ernest.
who runs board counsel and also board legal.
He is a fellow ape, and he was able to help shed
some light as a practicing attorney himself.
Then the interview clocked in about two hours.
We went over some of the recent court rulings
at the time, such as Oki DAO getting sued by
a U .S. regulator, PZX DAO getting sued by a
DAO token holder, Lido DAO being sued by a non
-DAO token holder, Some of it's still ongoing,
but some things that were coming out was that
a person can be sued as an unincorporated association
under U .S.-California state law. A DAO can be
sued as a person, is what I mean to say there.
Also that people within the DAO may unintentionally
create a partnership where their actions intended
to engage elite and business together, so they
could be sued. and then be liable for each other's
actions in the DAO. Hence, one of the reasons
why company is needed. And we'll go over that
later. In LidoDAO, where DAO members were being
treated as general partners, which meant, in
some cases, unlimited liability. I mean, if someone
did something in the DAO, you could be liable
for it. Because in one instance, you created
a partnership, whether you intended to or not.
So that's pretty significant stuff. And then
we started delving into all the different DAO
law in different states, primarily Tennessee,
Wyoming, Vermont, or Utah. And this is where
we started getting into what a DAO company was,
like a foundation company. And then we likened
it to the castle and the moat. So the castle
is the DAO. And inside the castle, we do all
DAO things. We're DAOing. We vote, we discuss,
all of that. So the company, the Tao company,
is what's known as the wrapper. That acts as
the moat, that moat around the castle that protects
it. And the thing to know is that the moat is
not the same thing as the castle. They are two
separate things, two different objectives and
purposes, and they do not answer to each other
in the same way that, well, they don't answer
to each other. So it's important to know the
difference between the castle. which is where
we do our dowing, and the moat, which is the
company that protects it. And we get into that
a little bit more when we interview our lawyers
from the Grand Cayman Islands. We delve into
Utah and how they take a for -profit approach
called an LLD, Limited Liability Decentralized
Autonomous Organization, whereas Wyoming took
a more unincorporated nonprofit approach known
as a DUNA, Decentralized Unincorporated Nonprofit
Association. Vermont took an LLC approach. They
called it the BBLLC, Blockchain -Based Limited
Liability Company. And Tennessee just revised
some of their LLC law to include DAOs. Then we
did some honorary mentions of some crypto decisions
every lawyer needed to know. We went through
the SEC investigative report as well as their
framework. And last, we left with how do regulators
have jurisdiction over international entities?
Groups and actions, as we saw in the case law,
how some people were being sued outside of the
U .S. and some entities were. And that's where
Ernest kind of gave some insight and education
on what the long arm statute was, conducts and
effects test, and the Dodd -Frank Act, and how
all of those contributed to U .S. regulators
being able to do that. It was a great episode.
I thank Ernest very much for it. After 57, we
went to episode 59. And that is where we were
able to get a briefing from two lawyers from
Walkers Global, who are two practicing lawyers
for DAOs in the Grand Cayman Islands. Clocked
in about an hour and a half long. And this was
very much a briefing orientation. I didn't do
much interviewing. They did educating. They came
prepared with a whole PowerPoint presentation.
Melissa and Carolyn did. And they explained this
as if we were a client of theirs. And it was
really eye -opening, very educational. So we
went over things like, why would a DAO wish to
use a Cayman entity? Like such things as regulatory
certainty, crypto -friendly, Cayman Islands'
tax -neutral jurisdiction, and other things.
We also went over why would a DAO form a Cayman
Island Foundation company? Because it fits for
the decentralized ethos. It can be memberless.
It can be very unique and flexibly structured.
And it acts as a shield of liability for the
DAO, which is that moat that we were talking
about that protects the castle. Then we went
over a timeline of events. to what happens when
a DAO is created, excuse me, a foundation company
is created. First with the incorporation, then
it stays director -led, meaning the director
makes most of the decisions. And as a decentralization,
a progressive decentralization takes hold, it
then converts over to a token holder -led, where
the token holders do most of the decision -making.
And then we went more into the timeline. as to
how the the token holder governance mechanics
are set out in the bylaws the importance of the
bylaws um so that's when earlier uh we were uh
we were in the oh here in the flow chart we added
things uh such as bylaws and in the tldr as well
we were updating it based on a lot of what we
were seeing in here in episode 59. Then we went
over what documents were required to form a foundation
company, the affidavit, the memorandum and the
articles, and then all the subscriber artifacts
that need to be submitted to the Cayman Islands
government. Then we went over different activities
that a Cayman Foundation company can do, such
as minting and issuing tokens, private sales
or airdrops, treasury management of tokens and
stablecoins, administering programs or bounties.
executing servicing agreements and consulting
agreements, so signing contracts, and trading.
And then we went over a little bit about the
legal framework like the VASP Act and how that
may or may not have been applicable to different
DAOs and needing to be registered with different
monetary authorities, mostly dealing with your
customer, KYC, your AML, anti -money laundering
laws. And it was a wonderful conversation. Absolutely
love talking to Melissa and Carolyn. They seem
to be very, very knowledgeable, very experienced
in DAO law and advising foundation companies.
So I highly recommend take a look if you have
any DAO needs in the Cayman Islands. From Walkers
Global, Melissa and Carolyn both were very knowledgeable.
I enjoyed speaking with them. After episode 59,
we then went into episode 60. And this one was
the most surprising of all of them. Not because
when we read the Sandbox DAO Foundation documents,
mostly the articles, the memorandum, and the
bylaws, we had already looked at them, mostly
as a DAO. But when I read them, what I didn't
expect is that it would take six hours long.
Six hours it took me to go through all that,
which blows my mind. But I was committed. At
that point. So I might as well have just finished
it. So I did. We just read through. Of the memorandum.
The articles. And what they. Essentially the
bylaws. It's mislabeled as the constitution.
It's not the constitution. That means something
else. In the foundation company law. And not
that. So we're talking about the bylaws there.
In the memorandum. And article of association.
You could find that. SIPs number one and two.
In SIP one, if you just scroll down under the
description, you'll see the link to the Dow Constitution.
Like I said, it's supposed to be the bylaws according
to foundation company law. But in SIP two, if
you scroll down to the very bottom, you'll see
articles of association and memorandum of association
where you can click those and read them. And
the memorandum of association, we read through
all of it. And then we had some questions at
the end like, The VASP Act apply to the foundation
company because it had words like digital asset
and stuff. Did the securities law, that's the
wrong word. Hold on a second. The Securities
Investment Business Act apply from the Grand
Cayman Islands. Who are the beneficiaries? Is
it SanFam? Is it someone else? Turns out it's
not Sam Fam. Who's the founder? I was never really
fully figured that one out. But we were able
to read through all of it and then understand
how things were run at that level. Then we went
into the Articles Association and read through
it. And things like we read out who the director
was and that had a connection. Earlier when we
were talking about who were the key players in
the relationship map. So they're IP &A over here
and ICSL. What roles they have to play in all
of this. And did the initial subscriber become
the founder or director? We don't really know.
And then is the special counsel or advisory board
considered members? Turns out they're not. Other
things that we talked about. Then we went to
the bylaws, not the Constitution, and read all
of it. And this had some questions there about
why three consecutive terms only. Why was the
advisory board able to be removed? Stuff like
that. And just, it was a good reading of the
thing that dictates how the foundation company
is run. Then we did an entity search where we
kind of checked into the rubber stamps on the
articles in the memorandum, trying to figure
out how the Sandbox Foundation was registered.
If you want to pay that $60 there, then you could
get more details about that because it's open.
All you have to do is create an account. Then
we looked into the Grand Cayman Islands General
Registry. And looked at the authorization code
to figure out if it was still valid. It was.
Everything checked out. Then we did a little
bit of research into some of the Maples group
and the ICSL. And was able to find some connections
there to registrations on the relationship map
that I showed you a little earlier. And then
we took a little bit of a detour to figure out
how that related to the ApeCoin DAO. Because
some of my fellow apes were asking if I could
look into ApeCoin DAO. What I could find there.
We did find some things on BridgeStream and WebSlinger.
And Ape Foundation itself. And then we wrapped
up the episode. So that was episode 60. A reading
of the Sandbox DAO documents. Then I got into
Star Atlas. And Star Atlas also is a foundation
company. I ended up running for DAO Council,
as I mentioned earlier, and I'm currently elected
to the DAO Council, which is kind of like an
equivalent of the Sandbox DAO Special Council.
And so I did a reading of their documents. It
clocked in at four hours, so it still, too, was
quite long. They have a little bit more documentation
when it comes to... their their dow so they have
not only just a white paper like sandbox does
but also they have a dow specific sustainable
governance framework um they also have an economics
paper which talks about the economy of star atlas
and how the dow is a part of that so we did those
readings of those things and then we found the
memorandum and articles and their discord also
in their git book so if you go in the knowledge
base Under our structure, you'll see the memorandum
and the articles down there. If you scroll down
to where the memorandum association header is
or in DAO Discord in the DAO chat, you'll see
it was attached there. So that was cool. We went
through the memorandum. It was similarly structured
like the Sandbox Foundation was. But one thing
we did notice is that Star Atlas Foundation didn't
have a founder. So that was really interesting.
It turns out that's because of the differing...
interpretations by legal counsel so like walkers
global or alberga thorpe and they they had differing
interpretations and then the people who created
the foundation company acted on it in different
ways um something that's something we learned
when reading the foundation's company act that
there was some flexibility there's a lot of flexibility
in how you could create a foundation company
So then we went into some questions about the
director, the objects, members, beneficiaries,
did the VASPAC apply to Star Atlas Foundation,
and why did it c -set members? So all of those
things we looked into. Then in the articles,
we started looking into the Star Atlas Council,
their local board committees, supervisors, directors,
and trying to figure out what meeting notices
meant and all of that and special resolutions.
We then did a little bit of an interpretation
exercise where we took some of the really heavily
worded legal jargon and tried to piece together
what it was trying to say. So we took like all
the nouns, verbs, adverbs, and pieced together
what this really long paragraph was trying to
tell us, what it authorized people to do. That
was a lot of fun. I enjoyed that. Then we, just
like in the Sandbox Foundation, We did a document
search for the Star Atlas and verified that it
too was stamped properly. Then we looked at the
entity search, saw that Leeward Management, which
was the company hired to run the Star Atlas DAO,
led by Glenn, verified their status. And yeah,
awesome. I loved it. That was episode 62. Episode
64 clocked in at an hour. Carolyn returned from
Walker's Global to answer and finish some Q &A.
Again, Carolyn is a Cayman Islands lawyer practicing
in the Grand Cayman Islands and advises DAOs.
So she came back and we answered questions like,
what's the relationship between the DAO and the
foundation company? What's the legal authority
that the foundation company has over the DAO?
And what is the director or fiduciary of? Is
it the objects, the members, the beneficiaries?
Turns out it's the objects. And then we got into
a lot more questions. Token holders, members,
secretaries, the foundation company law itself,
how AIPs, PIPs, and SIPs get ratified. And then
we updated the flowchart. So the flowchart started
in episode 56 up here. My best guess. And by
the end of episode 64 with Carolyn, we were able
to update quite a bit of it here in green. And
it was awesome. I loved it. That was episode
64. Then we did episode 65. One of my favorites
episode. One of my favorite episodes. Probably
was my favorite episode. We were able to interview
an acting, an actual director, Glenn from Leeward
Management. Glenn is the director of Star Atlas
Now. and foundation company i mean uh not the
dow itself which is the castle the foundation
company which is the moat so glenn was director
of the moat basically the bay the castle defenses
as the foundation director of the star atlas
foundation company and we interviewed him i loved
it it was my favorite interview uh really close
uh with mel and melissa's interview but this
one because This is an acting director who manages
foundation companies in the Grand Cayman Islands
for DAOs on a daily basis. So we looked into,
like, what does a director do? What does it look
like to a day in the life of a director? What
misconceptions exist about the director's role?
And what responsibility does a foundation company
have to the DAO? Then we went into a lot of other
questions. I highly recommend watching that episode.
If you want to know how DAOs work, legally, look
at episode 65, 64, and 60... 59. Look at 59.
Yeah, look at 59, 64, and 65, and you'll get
a really good idea of how foundation companies
work in the Grand Canyon Islands. So we went
through all of that with Glenn. Very, very grateful
for his time. We were able to update the TLDR
that we started in 56, episode 56, to a more
precise, accurate version in 65. Also, Carolyn
and Melissa had some help in that too. So by
the end of it, Glenn was, it was very gracious
of him to give his time for that. I highly recommend
it. If you have needs of a foundation director,
I think. Look no further than Leeward Management.
Take a look at them and see if they're a good
fit for you. But working with Glenn has been
a real pleasure, and I enjoyed speaking with
him. And there we go. That's the summary. That's
the summary of all of the parts that we went
through. And I'm almost done with my bold red
here. Starting in episode 34, we did a look into
the TSP Dell Origin. Episode 56. We did a reading
of the Cayman Island law. Episode 57, we did
a review of United States of America case law
and down law with Ernest, our practicing American
attorney. Then we had a brief from Cayman Island
lawyers in episode 59. Then we did a reading
of the sandbox style documents in episode 60.
In episode 64, we changed over to reading the
Star Atlas style documents. articles, memorandum,
and bylaws for both DAOs. And then in episode
64, we did a Q &A with practicing Cayman Island
lawyers, Melissa and Carolyn from Walker's Global.
Episode 65, we did an interview with the practicing
foundation director in the Grand Cayman Islands,
Glenn from Leeward Management. And now here we
are, episode 66. Summary and wrap -up. All in
all, 22 hours of content. If you count today,
so it's going to be about another hour, that's
23 hours long. This miniseries, this nine -part
miniseries took 23 hours of just recording. Probably
another 20 hours of researching, but 23 hours
of actual streaming. And podcasting. Which was
an insane amount of time. But I learned so much.
And it's mostly. Right. It's mostly episode 62.
And episode 60's fault. Mostly 60. Clocking in
at 6 hours. Ridiculous. But. We did it. We did
it for a good cause. So 23 hours worth. Of podcasting
content. And. We really learned a lot. We pretty
much learned everything we needed to know about,
from a token holder's perspective, what happens
at the DAO legal level, what happens at the DAO
director level, how do all those companies, how
do all those positions work together. And there
you have it. There you have it. Money, money
in the chat. Says blame 16. That's right. That's
exactly right. See if it pops up. Pop up on the
stream. My little. Trying to make his comment
pop up money. Appreciate you tuning in. But yeah,
blame episode 60. For sure. There it is. Blame
60. Absolutely. Okay. Oh, dear. How do I? Whoops.
If you're watching the video right now, you're
saying money's blame 60 comment is. Splash screening
everything. There we go. All right. So let's
take a gander. Um, we're, we're done now and
we're going to, we're going to outro soon. Let's
take a look. We are at episode 66 down here in
the bottom, right where the foundation company
wrap up is. And we have a few more episodes that
I think I want to do before I may or may not
shut down the podcast. We'll see. But I very
nearly got to interview yet. Sue was a special
council member. Our schedules just didn't line
like I really wanted to, but still working on
it, still talking with his assistant in order
to find a good time to schedule that interview.
I don't think I'm going to get to this sniping
of a fellow ape where Other Side took a Guinness
World Record. They took a Guinness World Record
that I had helped break 10 years ago after I
mentioned it. And the forums. It's old news at
this point. I don't need to really go over it.
But you know. This one over here. Where it was.
Most players online. In FPS battle. See if I
can. There we go. Yep. Most players online. We
did it. It was taken by. Other side. with 2 ,000
players. So congratulations to them. It was a
job well done. They definitely earned that. Whereas
before it was Planetside and it was about 1 ,100
players that we'd broken it with 10 years ago
in 2015. And then we broke it again in 2019,
2020, something like that. And yeah, it was Planetside
too. We'd held it for a long time. And Ugalabs
with Otherside, it broke it. And big congratulations
to them. But the timing was just a little strange
after I mentioned it in order to help another
ape who had successful AIP in breaking the Guinness
World Record of their own. So in order to help
them, I listed my resume experience, one of which
was that. And then a long series of events happened
where interviews with Google leadership turned
into them wanting to break the world record.
Like a couple months later after I said that.
And they did. And I'm breaking it. So there we
go. I don't know if I'll be able to get around
to interviewing Mo. Our schedules just have not
been able to align on that. I really wanted to,
but it might not happen. And then I want to do
an episode on the Sandbox ecosystem and the DAO.
But I may end up just ending with a Sandbox DAO
2026 update. So I've been working on that a little
bit. And we'll see. We're still waiting on whether
or not special council elections will happen.
I really want that to happen. I want to run for
it. I want to make a difference, just like I'm
doing in Star Atlas DAO. But we need to just
make it happen and see after that. So we'll see
if any of these episodes materialize. It's all
based on what I can do with my time. Okay, sandbox
spaces. Where do we normally gather? On the sandbox
forums, especially the sandboxforum .sandboxdow
.com. Also on Discord and the DAO discussion
channel. You'll find us also on xTwitter, hashtag
SamFam, hashtag TheSandboxDow, hashtag SandboxGame.
Arash Selective and Metaverse Editor are some
pretty cool names within the SandboxDow space.
And on YouTube at the Sandbox DAO, which is where
Digging the Sand podcast happens. Lancer YT,
which is Sandbox DAO. Excuse me, the Sandow podcast,
which is what you're watching and listening to
right now. And Sand Fam Cafe hasn't been active
in probably about a year. So I kind of struck
them off the list, but love to see them return.
For X -Spaces, Mochaverse Hall is no longer happening
each week. And neither is Coffee with Captain,
as far as I can tell. It seems to have also been
stood down, decommissioned, inactive. But Bulls
on the Block on Saturday most certainly is. And
we heard from Money earlier. Shout out to Money,
who is frequently on Bulls on the Block, the
X -Base there. I believe they actually do it
from BOTB Council now, if I'm not mistaken. So
take a look at that handle there. on saturdays
also you could look at episode 7 where we interviewed
the former owners of botb anthony and crypto
sheep now the owner is earnest who also was the
lawyer that we interviewed whale members still
going on tuesdays where they do their whale talk
episode 61 is when we interviewed them they are
art aficionados very well known in the art industry
and and have the whale vault which is one of
the Most valuable art collections for NFTs probably
in the world. But we interviewed them in episode
61. Take a look. I was just listening to them
the other day and probably will tomorrow as well.
They talk about crypto art every Tuesday on X.
And now it's time to raid somebody. Let's see
if there's anyone online that we can raid. Before
we call it a night today. Episode. So this was
episode 66. We. We really have done a lot. I
mean. On all the episodes that we've done, there
are a bunch of ones that really, really stand
out. And when I do. like a review of the Sandow
podcast, which I will probably eventually do.
It's one of my final episodes. I'll get to, I'll
go over all of that and all the cool episodes
that we were able to do. But this miniseries
that we just did, the Foundation Company miniseries,
really holds a special place in my heart because
they, Because of how much time, effort, energy,
and overall how much we learned throughout this
whole process. We learned a ton. So I really,
really love this episode. I'm going to go ahead
and finish my bold red here. We're going to call
it a night. It's going to be a wrap. Thank you
all for your time. Appreciate you. And I will
see y 'all in the next episode, whenever that
may be. See you later, Sam Fam.